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Utah Administrative Code (Current through November 1, 2019) |
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R590. Insurance, Administration |
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R590-208. Uniform Application for Certificates of Authority |
| R590-208-1. Authority |
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This rule is promulgated pursuant to Subsections 31A-2-201(2), 31A-2-201(3)(a), and 31A-2-202(2) wherein the commissioner is empowered to administer and enforce Title 31A; to make administrative rules to implement the provisions of Title 31A; to prescribe forms for information needed to enforce Title 31A and to implement uniformity between states and other jurisdictions as may apply to the admission and organization of insurance companies in Utah. |
| R590-208-2. Purpose |
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The purpose of this rule is ensure that the commissioner's requirements for domestic, foreign and alien insurer applications to obtain a certificate of authority in Utah shall be consistent with requirements of other states, the information included in the Uniform Certificate of Authority Primary Application, and the Uniform Certificate of Authority Expansion Application of the National Association of Insurance Commissioners. |
| R590-208-3. Applicability and Scope |
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This rule shall apply to all applicants seeking to obtain a certificate of authority for an insurer or an application for an organization permit to organize an insurer under Title 31A, Chapters 5, 7, 8, 9, 10, 11 or 14. |
| R590-208-4. Uniform Application for Admission as an Insurer |
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In order to promote efficiency and uniformity between the Utah Insurance Department, its sister states and other jurisdictions, the commissioner hereby requires the information included in the Uniform Certificate of Authority Primary Application and Uniform Certificate of Authority Expansion Application of the National Association of Insurance Commissioners shall be submitted in accordance with the requirements of Sections 31A-5-204, 31A-7-201, 31A-8-205, 31A-9-205, 31A-10-203, 31A-11-105 and 31A-14-201. To the extent that the above sections require other information that is not required in these uniform applications, an applicant for a certificate of authority and organization permit shall furnish the additional information as a supplement to the information required in the uniform applications. |
| R590-208-5. Severability |
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If a provision of this rule or its application to any person or circumstance is or for any reason held to be invalid, the remainder of the rule and the application of these provisions shall not be affected. |